Macro Metals (M4M) Q3 2025 TU earnings summary

Executive summary

• Received $2m from Tranches 2 and 3 of a $4m strategic placement with Paramount Earthmoving to accelerate exploration and mining services division.

• Entered a second majority Indigenous-owned JV with Robe River Kuruma Aboriginal Corporation to foster community engagement and contracting opportunities.

• Awarded a mining services contract at the Extension Iron Ore Project in East Pilbara, post quarter-end.

• Advanced exploration at Turner, Wandanya, Port Hedland, and Goldsworthy East projects.

• Built strategic partnerships to enhance safety and operational excellence, targeting Tier 1 mining clients.

Financial highlights

• Net cash used in operating activities for the quarter was $(1.55)m, with $(765)k spent on exploration and evaluation.

• Cash and cash equivalents at quarter-end were $2.05m, up from $1.43m in the previous quarter.

• $2.01m raised from equity issues during the quarter; $192k from option exercises.

• Payments to related parties totaled $218k for the quarter.

Outlook and guidance

• Exploration expenditure and staffing costs are expected to decrease in coming quarters.

• Tranche 4 of the strategic placement can be drawn as needed before 30 June 2025 to support working capital.

• Company expects to continue operations and meet objectives, with additional funding available if required.